bOSMO Bug Depletes Collateral Backing, Prompting Compensation Plan for Token Holders
Key Highlights A single redemption transaction burned 776,000 bOSMO and initiated the unbonding of roughly 1.3 million OSMO to prevent continuous, overpaid contract drains. Affected token holders captured in the block 72,237,940 snapshot will receive automatic compensation at a rate of 1.1174 OSMO per bOSMO once unbonding concludes around late October. Liquidity providers face ongoing ...